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Francis
Francis is 37 years old, married and has three children. He sells beauty cosmetics to earn a living. He operates his business in a competitive environment with loyal customers. He has been in the business for ten years.

Francis had previously acquired a loan from Faulu Kenya which helped him to expand his business. He has also learned how to manage his business since he has been trained in business management. He dreams of operating another cosmetic shop in a different location. Francis has requested for a loan of 50,000 KES to buy more cosmetics to sell.

Additional Information

About Faulu Kenya

Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.

About Kenya

  • $1,800
    Average annual income
  • 620
    View loans »
    Kenya Loans Fundraising
  • $39,245,475
    Funds lent in using Kiva
  • 83.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Francis to buy more cosmetics.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Aug 20, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 5, 2012